NASDAQ:PENN - Penn National Gaming Stock Price, News, & Analysis

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$23.88 -0.25 (-1.04 %)
(As of 01/24/2019 08:00 AM ET)
Previous Close$24.13
Today's Range$23.75 - $24.44
52-Week Range$17.30 - $36.90
Volume1.03 million shs
Average Volume2.47 million shs
Market Capitalization$2.84 billion
P/E Ratio17.36
Dividend YieldN/A
Beta1.82
Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through Northeast, South/West, and Midwest segments. As of December 31, 2017, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

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Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.15 billion
Cash Flow$12.0606 per share
Book Value($0.80) per share

Profitability

Net Income$473.46 million

Miscellaneous

Employees18,754
Market Cap$2.84 billion
OptionableOptionable

Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming announced that its board has approved a share repurchase program on Wednesday, January 9th 2019, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) announced its quarterly earnings data on Thursday, November, 1st. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.43 by $0.05. The business earned $789.70 million during the quarter, compared to analyst estimates of $807.79 million. Penn National Gaming had a negative return on equity of 6,177.13% and a negative net margin of 5.41%. The firm's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.25 earnings per share. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Penn National Gaming.

What guidance has Penn National Gaming issued on next quarter's earnings?

Penn National Gaming issued an update on its FY 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $0.90-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.85. The company issued revenue guidance of $3.582-3.582 billion, compared to the consensus revenue estimate of $3.68 billion.Penn National Gaming also updated its Q4 2018 guidance to $-0.4--0.4 EPS.

What price target have analysts set for PENN?

9 brokers have issued 1 year target prices for Penn National Gaming's stock. Their forecasts range from $23.00 to $40.00. On average, they anticipate Penn National Gaming's stock price to reach $33.0213 in the next year. This suggests a possible upside of 38.3% from the stock's current price. View Analyst Price Targets for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

News coverage about PENN stock has trended negative on Thursday, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Penn National Gaming earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the next few days.

Who are some of Penn National Gaming's key competitors?

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 60)
  • Mr. Jay A. Snowden, Pres & COO (Age 43)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 56)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Richard Primus, Sr. VP & Chief Information Officer

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.86%), Hennessy Advisors Inc. (0.60%), Peregrine Capital Management LLC (0.44%), Strs Ohio (0.20%), Boston Advisors LLC (0.14%) and Assenagon Asset Management S.A. (0.14%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Jane Scaccetti, Jay A Snowden, Peter M Carlino, Ronald J Naples, Saul Reibstein and Timothy J Wilmott. View Institutional Ownership Trends for Penn National Gaming.

Which major investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Bank of Montreal Can, Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. Company insiders that have sold Penn National Gaming company stock in the last year include Carl Sottosanti, Peter M Carlino, Saul Reibstein and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

Which major investors are buying Penn National Gaming stock?

PENN stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Copper Rock Capital Partners LLC, Assenagon Asset Management S.A., Retirement Systems of Alabama, Bowling Portfolio Management LLC, Strs Ohio, Fox Run Management L.L.C. and Boston Advisors LLC. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti, Jay A Snowden, Ronald J Naples and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $23.88.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $2.84 billion and generates $3.15 billion in revenue each year. The company earns $473.46 million in net income (profit) each year or $8.98 on an earnings per share basis. Penn National Gaming employs 18,754 workers across the globe.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is http://www.pngaming.com.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  545 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  961
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/24/2019 by MarketBeat.com Staff

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